The Boomers’ Kids: Estate PlanningEstate planning is a key element in any financial plan no matter what your age.
The Boomers’ Kids: Starter MarriagesThe average age for couples going through their first divorce is 30 years old with over 20% of first marriages ending in divorce before their fifth anniversary.
The Boomers’ Kids: Mom & Dad’s Credit UnionThe adult child living at home should find a job so they have their own spending money. You cannot be expected to provide an allowance for a 25-year-old.
The Boomers’ Kids: Home Sweet HomeOver 30% of adult children age 18 to 34 are living with their parents, that’s 22 million.
The Boomers’ Kids: Who Are They?The Boomers kids and grandkids are Gen Xers, some are Millennials and a few born after 2000 are Generation Z.
Boomers: The Pot Holes In Retirement PlanningThese pot holes have a way of messing up the best laid plans of the retiree.
Boomers: Checking Out EarlyI found that early retirement for most people was age 55. For firefighters and police it could be even earlier.
Boomers: The When, The What & The WhereBoomers should be thinking about three things: When are you going to retire? What are you going to do when you retire? Where are you going to retire?
Boomers: Retirement IncomeAccording to a report by Bankrate.com, Boomers are retiring at the worst time in a generation.
Boomers: Happy Birthday!Today 10,000 Boomers will celebrate their 65th birthday and another 10,000 will celebrate tomorrow.
Retirement Myth #4: I Plan To Work ForeverThe reality is that may not be possible for a variety of reasons.
Retirement Myth #3: Social Security Will Be EnoughThe reality is Social Security was designed to replace only about 40% of your current paycheck and less if you are a high wage earner.